{"id":5675,"date":"2022-08-11T13:34:32","date_gmt":"2022-08-11T20:34:32","guid":{"rendered":"https:\/\/westvancouverschools.ca\/international\/?page_id=5675"},"modified":"2022-08-12T12:13:58","modified_gmt":"2022-08-12T19:13:58","slug":"banking-options","status":"publish","type":"page","link":"https:\/\/westvancouverschools.ca\/international\/current-students\/forms-and-resources\/banking-options\/","title":{"rendered":"Banking Options"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row background_style=&#8221;full&#8221;][vc_column]\t<div class=\"aq-block-aq_page_header_block\">\r\n\t\r\n\t<header class=\"page-header ebor-pad-me\">\r\n\t\r\n\t\t<div class=\"background-image-holder parallax-background\">\r\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-scaled.jpg\" class=\"background-image\" alt=\"\" srcset=\"https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-scaled.jpg 2560w, https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-300x200.jpg 300w, https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-1024x683.jpg 1024w, https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-768x512.jpg 768w, https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-1536x1024.jpg 1536w, https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-2048x1365.jpg 2048w, https:\/\/westvancouverschools.ca\/international\/wp-content\/uploads\/sites\/3\/2022\/08\/pexels-khwanchai-phanthong-4174746-600x400.jpg 600w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/>\t\t<\/div>\r\n\t\t\r\n\t\t<div class=\"container\">\r\n\t\t\t<div class=\"row\">\r\n\t\t\t\t<div class=\"col-sm-12 text-center\">\r\n\t\t\t\t\t<span class=\"text-white alt-font\">Current Students<\/span><h1 class=\"text-white\">Banking Options<\/h1>\t\t\t\t<\/div>\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t\t\r\n\t<\/header>\r\n\r\n\t<\/div>\r\n\t[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]One of the important steps you should take upon your arrival to Canada is opening a bank account.<\/p>\n<p>&nbsp;<\/p>\n<p>Learning how to open a bank account in Canada is not complicated but choosing the right account that is best suited for your needs might take a little research. Make sure you look at several different banks&#8217; account offerings before selecting the right one for you.<\/p>\n<p>&nbsp;<\/p>\n<p>After comparing the banking options offered by different banks and deciding which one you would like to have, you will need to make an appointment with a bank representative (either by phone or online at the bank\u2019s website) and open your account in person. Please also remember that individuals aged 17 and under must have a parent or a custodian with them to open a bank account.<\/p>\n<p>&nbsp;<\/p>\n<p>You will need to bring two pieces of ID when you go to a bank to open an account. Here are the acceptable forms of identification:<\/p>\n<ul>\n<li>Passport<\/li>\n<li>Study Permit<\/li>\n<li>Temporary Resident Visa<\/li>\n<li>Letter of Acceptance<\/li>\n<li>Canadian Government ID Card<\/li>\n<\/ul>\n<p>Each bank might have slightly different requirements, so please check what type of documents your bank will need before you go to your appointment.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>You can compare the banking options offered by different Canadian banks following these links:<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h3>Bank of Montreal (BMO)<\/h3>\n<p>Student Banking information can be found\u00a0<a href=\"https:\/\/www.bmo.com\/main\/personal\/students\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3>Canadian Imperial Bank of Commerce (CIBC)<\/h3>\n<p>Student Banking information can be found\u00a0<a href=\"https:\/\/www.cibc.com\/en\/student\/student-hub.html\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3>Canadian Western Bank (CWB)<\/h3>\n<p>Youth Account information can be found\u00a0<a href=\"https:\/\/www.cwbank.com\/en\/personal\/accounts\/chequing\/youth-account\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3>National Bank of Canada<\/h3>\n<p>Offer for Youth information can be found\u00a0<a href=\"https:\/\/www.nbc.ca\/personal\/accounts\/youth.html\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<h3><\/h3>\n<h3>Royal Bank of Canada (RBC)<\/h3>\n<p>Youth and Student Banking information can be found <a href=\"https:\/\/www.rbcroyalbank.com\/accounts\/youth-student-banking.html\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3>Scotiabank<\/h3>\n<p>Student Accounts information can be found\u00a0<a href=\"https:\/\/www.scotiabank.com\/ca\/en\/personal\/bank-accounts\/students.html\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3>TD Canada Trust<\/h3>\n<p>Student Chequing Account information can be found <a href=\"https:\/\/www.td.com\/ca\/en\/personal-banking\/products\/bank-accounts\/chequing-accounts\/student-chequing-account\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>International Money Transfer Options<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>You might also be wondering how your parents can transfer you money internationally.<\/p>\n<p>&nbsp;<\/p>\n<p>Once you have a bank account, it is possible that your parents will be able to make direct money transfers to your account (depending on your country of origin and your bank account).<\/p>\n<p>&nbsp;<\/p>\n<p>If the direct transfer is not available, you can research other ways of transferring money internationally such as:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.westernunion.com\/ca\/en\/home.html\" target=\"_blank\" rel=\"noopener\">Western Union<\/a><\/li>\n<li><a href=\"https:\/\/www.remitly.com\/ca\/en\" target=\"_blank\" rel=\"noopener\">Remitly<\/a><\/li>\n<li><a href=\"https:\/\/www.moneygram.com\/mgo\/ca\/en\/\" target=\"_blank\" rel=\"noopener\">Moneygram<\/a><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row background_style=&#8221;full&#8221;][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]One of the important steps you should take upon your arrival to Canada is opening a bank account.<br \/>\n&nbsp;<br \/>\nLearning how to open a bank account in Canada is not complicated but choosing the right account that is best suited for your needs might take a little research.<\/p>\n","protected":false},"author":270,"featured_media":0,"parent":29,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-5675","page","type-page","status-publish","hentry"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-10-29 00:31:03","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/pages\/5675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/users\/270"}],"replies":[{"embeddable":true,"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/comments?post=5675"}],"version-history":[{"count":14,"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/pages\/5675\/revisions"}],"predecessor-version":[{"id":5697,"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/pages\/5675\/revisions\/5697"}],"up":[{"embeddable":true,"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/pages\/29"}],"wp:attachment":[{"href":"https:\/\/westvancouverschools.ca\/international\/wp-json\/wp\/v2\/media?parent=5675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}